Top Crypto Gainers 25/5: Core (CORE), Uniswap (UNI), Pepe (PEPE), Pendle (PENDLE)

Core (CORE) started the observed period at approximately $1.66 and experienced a strong bullish trend throughout the day, peaking at $2.18. This represents a substantial increase of 35.87% in a single day, indicating a robust bullish sentiment among investors. The chart shows a consistent upward trajectory in the price, which is particularly steep, from around $1.90 to the peak at $2.18.

CORE Support and Resistance Levels

The first key support level can be identified at around $1.66, where the price began before initiating the day’s rally. Following the initial increase, the next significant support appears to be around $1.90, which acted as a brief consolidation point before the price surged toward the peak. This level could be seen as a pivotal area where buyers consolidated their positions before pushing the price upward.

The primary resistance level is currently at the day's highest price of $2.18.  During the rally, Core's volume increased significantly, with a 133.39% rise within the same period. This high volume coincides with the price increase, suggesting strong buying interest and participation in the market. Additionally, Core's market capitalization has increased by 31.90%, aligning with the increase in price and thus supporting the bullish trend observed.

Uniswap (UNI) Price 

Uniswap's price began at approximately $9.35 and experienced a significant bullish trend throughout the day, culminating at $10.91. The price increase of 16.44% over the day indicates strong buyer momentum and a positive market sentiment towards UNI.

The initial support level can be identified around the starting price point of $9.35, which is where the price stabilized before beginning its upward movement. As the price ascended, it found intermediate support at around $10.00, which acted as a consolidation point briefly before the price pushed higher toward its peak at $10.91.

Concurrently, a resistance level is currently at $10.91, the highest point reached within the observed period. This peak may serve as a temporary ceiling for the price, where selling pressure starts to overcome buying momentum, potentially leading to profit-taking or a short-term pullback.

The trading volume for UNI increased by 41.91%, amounting to $565,311,629 over the 24 hours, which supports the observed price increase. A higher trading volume in conjunction with a rising price typically indicates strong buying interest and might suggest continued support for further upward movement if the trend persists.

The market capitalization also reflected this growth, showing an increase of 16.55%, which emphasizes the growing investor confidence and market valuation of Uniswap during this period.

Pepe (PEPE) Price 

Pepe began the trading period at a lower price point, approximately at $0.0000138, and showed a bullish trend throughout the day, with the price reaching a high of $0.00001535. This represents a significant increase of 10.76% in a single day, indicative of strong buying momentum and positive investor sentiment towards PEPE.

The initial support level is around $0.0000138, where the price started to increase significantly. This level acted as the base for the day's bullish trend. Another noticeable support level was formed around $0.0000145, where the price briefly consolidated before making a further push upwards.

The resistance level is at the day's peak of $0.00001535. This is the highest point reached within the observed period and may serve as a short-term ceiling for the price, where selling pressure started to mount, potentially leading to profit-taking or a stabilization phase.

Despite the rise in price, the trading volume for PEPE decreased by 38.13%, totaling $2,359,051,838 over the 24 hours. Pepe's market capitalization also reflected the price increase, growing by 10.76%, which supports the observed bullish trend in the price.

Pendle (PENDLE) Price 

Pendle (PENDLE) started the trading period around $6.18 and exhibited a strong bullish trend, reaching a peak of approximately $7.25. By the end of the observed period, the price slightly corrected to $6.86. The increase of 8.96% in a single day signals a robust buying activity and a generally positive market sentiment towards PENDLE.

The initial support can be seen around $6.18, which was the starting point of the price increase. As the price ascended, a notable support level was formed at approximately $6.50, where the price seemed to stabilize briefly before continuing its upward trajectory.

The primary resistance level is at the day's high of $7.25. This peak represents the point at which selling pressure began to outweigh buying momentum, causing the price to retract slightly. This level may serve as a short-term ceiling for future price actions, where sellers may begin to dominate.